It's amazing that some of these participating banks in addition to the FDIC have called this program a success even though the results were evidently disappointing at best. The definition of success is certainly relative and if a business isn't able to profit while offering its products and services than it will cease to exist. Some of the larger traditional banking institutions began offering their version of payday loans several years ago, and of course, created procedures to secure their ability to collect the funds disbursed which made the risks significantly less than the typical product. Traditional banking institutions have continued to mismanage their monies as well as ours and the government is suggesting that their loans be subsidized up to a certain percentage? The funds to support such an initiative will eventually become the burden of you and I.